Form 8-K SLM CORP For: Jan 21

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Go back to Form 8-K SLM CORP For: Jan 21

Compass Point Remains Constructive on SLM (SLM) Despite Weak Guidance

January 22, 2015 10:26 AM EST

SLM Corp. (NASDAQ: SLM) is down 8.8% early Thursday following in-line fourth quarter results but disappointing guidance as provision and operating expenses for FY15 are projected come in above expectations.

Despite the disappointment, Compass Point analyst Michael Tarkan is not overly concerned and reiterated a Buy rating and price target of $11 on the... More